markets for long-term contracts to hedge away volatile price exposures between generators and consumers. These missing markets …

markets for long-term contracts to hedge away volatile price exposures between generators and consumers. These missing markets …

In many capital-intensive markets, sellers sign long-term contracts with buyers before committing to sunk cost … trade-off, focusing on the liquefied natural gas (LNG) industry, where long-term contracts account for over 70% of trade. I … timing of contracting and investment decisions to infer bargaining power. I find that without long-term contracts, sellers …

In many capital-intensive markets, sellers sign long-term contracts with buyers before committing to sunk cost … trade-off, focusing on the liquefied natural gas (LNG) industry, where long-term contracts account for over 70% of trade. I … timing of contracting and investment decisions to infer bargaining power. I find that without long-term contracts, sellers …

by one-period contracts or by long-term contracts that are not renegotiated. When the principal is not protected by …